Global Gains from Liberalising Trade in Telecommunications and Financial Services
Staff research paper
Global Gains from Liberalising Trade in Telecommunications and Financial Services by George Verikios and Xiao-guang Zhang was released on 16 October 2001, in conjunction with the staff research paper, Price Effects of Regulation: Telecommunications, Air Passenger Transport and Electricity Supply. This study provides a quantitative analysis of the effects of trade liberalisation on two large service sectors: telecommunications and financial services. Also see:
- Media release
- Price Effects of Regulation: Telecommunications, Air Passenger Transport and Electricity Supply
Related publications include:
- Measures of Restrictions on Trade in Services Database
- Multilateral Liberalisation of Services Trade
- The Structure of the FTAP Model
- The FTAP2 Model: Theory and Data
- Achieving Better Regulation of Services
- Australia's Restrictions on Trade in Financial Services
CONTENTS
Preliminaries
Cover, Copyright, Contents, Preface, Acknowledgments, Abbreviations, Key Findings, Overview
1 Introduction
1.1 The GATS and unique features of services trade
1.2 Gains from liberalising trade in telecommunications and financial services
2 Analytical framework
2.1 Commercial presence of foreign affiliates
2.2 Cross-border supply of services
2.3 Barriers to trade in telecommunications and financial services
3 Policy options
3.1 Trade liberalisation under the GATS
3.2 Liberalisation scenarios modelled
4 Liberalising trade in telecommunications
4.1 Global and regional effects
4.2 Sectoral effects
5 Liberalising trade in financial services
5.1 Global and regional effects
5.2 Sectoral effects
6 Conclusion
6.1 General results
6.2 Policy implications
6.3 Agenda for future work
A A diagrammatic illustration of the comparative static gains from removing barriers to commercial presence
B Modelling commercial presence in the FTAP2 model
B.1 Supply of capital
B.2 Demand for firm-specific products
C Database construction
D Estimating tax equivalents of barriers to trade in telecommunications and financial services
References
Download this publication
Printed copies
This report is available only on the website.
Have your say
We value your comments about this publication and encourage you to complete and submit the publications feedback form.